The subject of the article is that Poland wants to sell a lot of their private companies. That means that they want to sell the companies that are owned of the government to private companies. They want to sell these companies as quick as possible because they want to survive the financial crisis without large debts. With this privatisation they can pay off a lot of their debts. The bad think is that the public debt will raise enormously. There are a lot of companies that will be privatised: the big airplane company, LOT Polish Airlines, the Warsaw Stock exchange, their second largest power-producer Tauron, an oil refiner… That will be about 670 companies that will be sold,(for 37bln zlotys).
In my opinion it isn’t very smart of the polish government to sell these companies because it will loose a lot of good companies to the private sector. If they now sell their companies, than the private companies will have large debts. This increase in debt will not make it easier for the Polish economy. I think that it is better that the government retain their companies and keep investing in their companies, so their economy will be stimulated and the crisis will not linger. After the crisis they can still sell their companies, they will receive more money and the private companies will be enthusiastic to buy them.
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